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Sam | Sales and Marketing
@SamPandemic 3 years, 11 months ago 781 views

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Skip the MBA, follow Elon Musk's idea and read these 10 books instead.

A thread..

1. "Asking the Right Questions: A Guide to Critical Thinking" by M. Neil Browne.

This book “helps bridge the gap between simply memorizing or blindly accepting information, and the greater challenge of critical analysis and synthesis,” according to Amazon.

2. "Organizational Culture and Leadership" by Edgar H. Schein.

A classic textbook on organizational culture and leadership.

3. "Essentials of Organizational Behavior" by Stephen P. Robbins.

This textbook is now in its 14th edition, so it must be pretty useful.

4. "The Management of Innovation" by G. M. Stalker and Tom Burns.

Originally published in 1961, this is “one of the most influential books about business organizations ever,” Amazon claims.

5. "Business Finance: Theory and Practice" by Eddie McLaney.

Save yourself even more by checking the older editions of this one — the price drops from $75 to $3.

6. "A Theory of Human Motivation" by A. H. Maslow.

Heard of Maslow’s Hierarchy of Needs? This is where the idea comes from.

7. "Critical Analysis of Organizations: Theory, Practice, Revitalization" by Catherine Casey.

This doesn’t look like a light read at all but it tackles an interesting theme: new, critical takes on the subject of organizations and how people behave within them

8. "Defining Moments: When Managers Must Choose Between Right and Right" by Joseph Badaracco.

A discussion of navigating those moments when your business and values are in conflict.

9. "Business Intelligence and Analytics: Systems for Decision Support" by Efraim Turban.

“The only comprehensive, up-to-date guide to today’s revolutionary management support system technologies,” says Amazon

10. "Corporate Finance" by Jeffrey F. Jaffe, Stephen A. Ross and Randolph Westerfield.

Another classic textbook, now in its 11th edition.

Source:
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Vibhu Vashisth
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Did you know?
Ahilyabai Holkar was one of India's
greatest women rulers of all time.

Ahilyabai was Born on May 31,1725 in the village of Chondi,Jamkhed distt,Maharashtra to a man named Mankoji Shinde,who was the Patil(Chief) of a village and a member of proud Dhangar Community.

Despite the fact that girls' education was a farther dream in those days, Ahilyabai was homeschooled by her father.
Ahilya didn't belong to any royal family but in a twist of fate she is still remembered as one of the most revered Queen in the history.

While they were living their humdrum lives, one day Malhar Rao Holkar, commander of the Peshwa Bajirao & Lord of the Malwa stopped in Chondi on his way to Pune, where he couldn't help but notice a young 8yrs old Ahilyabai in the temple service feeding the poor & hungry.

He was so impressed by the sheer innocence&beauty with simplicity character of Ahilyabai dat he asked her hand in marriage for his son Khanderao Holkar.Just like that she got married to Khanderao in 1733 at a tender age of 8&became a bride of esteemed Maratha community of Holkars

But destiny had something else in store for her as her husband died in the Battle of Kumbher in 1754 leaving her widow at 29.Distressed Ahilyabai was to commit Sati when her father-in-law Malhar Rao refused to let it happen.

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Here is the detailed information of about strategy,

Entry time : 9.30 - 10
Exit : Upto you

Strategy :
Sell weekly ATM CE & PE at almost equal price
For ex : Sell Nifty 17250 CE at 50 and Nifty 17250 PE at 48 so it will become short straddle

Buy monthly ATM or near ATM CE & PE at matching price (5-10 points diff should be fine) as hedge
For ex : Buy Nifty 17250 CE at 150 and Nifty 17300 PE at 155 so it will become long straddle.

Weekly Short straddle + Monthly Long straddle

Adjustment:

• If you feel slightly bullish/bearish then no adjustment needed
• If Nifty moves 50 up or down and sustain then just simply roll up or down half of qnty and keep rest of the quantity. If market goes up or down further then roll up or down rest.

• If Nifty moves one side or about to breach BEP then add equal amount of lot. This can balance tested side. For ex: If I bought 17300 CE 4 lot as hedge then add 4 lot so you will have only one side risk . Note: Remember to keep SL at cost price (only for additional lot bought)

Capital requirement:
2.2 L for 4 lot
Adjustment requires additional capital upto 1L

Note : High risk high reward strategy, please don’t execute until you fully understand. Kindly do paper trading or backtest.
RR : 1:1
POP : 45-55%

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Vibhu Vashisth
@VIBHU_Tweet

Did you know?

When Saudi Arabia's King visited India in 1955, PM Nehru ordered all the Hindu Temples and Idols of Hindu Deities that came in Saudi King's way to be covered up.
Our temples are the architectural marvels in their own league.

Each of our temples tells the story of our rich history and cultural heritage. Was Nehru that ashamed of his own nation's heritage that he had to cover them up or there was some other reason? The answer would be best known to him only.

PM Nehru invited the then Saudi King Saud bin Abdul Aziz to India who accepted the invitation and planned a 17 day long official visit to India in 1955. Saudi King had brought a large delegation with him and he had to visit various Indian cities like Mumbai, Hyderabad, Agra,

Aligarh, Shimla, Mysore and Varanasi. However, when Saudi King reached Varanasi, Nehru ordered to cover all the temples and Idols with curtains that came in the way of the Royal Convoy. During his stay in Varanasi, Govt buildings were painted with the words "Kalma Tayyiba".

'Kalma Tayyiba' means 'There is not God but only Allah and Mohammed is his messenger'. In addition to it, Pooja and Aartis were also stopped at temples. I can call it the appeasement politics of the highest order and Nehru was indeed the greatest appeaser of all times.

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@SaveToBookmarks Hello! Pleasure is mine. Original tweet by @buzz_chronicles: "@SaveToBookmarks Salut! Pleasure is mine. Original tweet by @AchuthArora: "@FitF...". Thanks! ✌

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